You can invest in Indian shares if you fall under any of the following categories:
- Indian citizens and residents: Currently Indian capital markets are fully open for investments for residents of India - individuals and institutions.
- Non-resident Indians (NRIs), persons of Indian Origin (PIOs): NRIs, PIOs and overseas corporate bodies controlled by NRIs/PIOs can also invest in Indian shares and debentures through stock exchanges under the Portfolio Investment Scheme (PIS).
- Foreign Institutional Investors (FIIs):FIIs and their sub-accounts are allowed to invest in Indian equities and debt segment by registering themselves with a designated depository participant. Further, they are governed by SEBI (Foreign Portfolio Investors) Regulations, 2014 for investing in India.
- Foreign citizens: If you are a foreign born individual investor whose parents or grandparents were never part of India, you can now invest in Indian markets under the Foreign Portfolio Investor (FPI) category.